TRADE OPENNESS AND ECONOMIC GROWTH IN LATIN AMERICAN COUNTRIES

Prof Rajagopal

Estudios Economicos de Desarrollo Internacional, 2007, vol. 7, issue 1, 75-102

Abstract: In the pre-reforms period the trade policy in Latin America had involved very high levels of protection and government intervention. The recent trade liberalization policies of the Latin American countries have sought to reverse the protectionist policies and open the scope for foreign direct investment and joint ventures in the public and private sector industries. This paper discusses the impact of trade openness policy on tariff structure, export competitiveness, inflation and economic growth of Latin American countries. The relationship between the trade openness and general price level as an indicator of inflation and robustness of this relationship has been explored in the study.

Keywords: Trade openness; export competitiveness; institutional reforms; economic growth; trade blocs; trade agreements; neo-regionalism; inflationary trend; foreign investment; and economic welfare (search for similar items in EconPapers)
JEL-codes: C21 C33 C51 E31 F F13 F43 (search for similar items in EconPapers)
Date: 2007
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.usc.es/economet/reviews/eedi714.pdf
No

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eaa:eedein:v:7:y2007:i:7_4

Ordering information: This journal article can be ordered from
http://www.usc.es/economet/info.htm

Access Statistics for this article

More articles in Estudios Economicos de Desarrollo Internacional from Euro-American Association of Economic Development
Bibliographic data for series maintained by M. Carmen Guisan ().